Macro Finance
Cracks in Europe’s Junk Property Debt Revive Fears of 2023 Pain
Bloomberg Markets·September 20, 2026·1 min read
European real estate debt is showing strain from higher interest rates, with a slump in riskier bonds and the rare cancellation of a new junk issue, reviving fears of a repeat of 2023's market pain. Investors are watching for further cracks as refinancing pressures mount.
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